Image copyright Thinkstock In Wednesday"s Autumn Statement, Chancellor Philip Hammond will announce £400m ($500m) funding for a new Digital Infrastructure Investment Fund.
Private investors will be asked to match the amount.
The money will be aimed at fibre broadband providers who are looking to expand.
The UK must move towards providing “fibre-to-the-property” broadband, rather than fibre to the roadside cabinet, the Chancellor will say.
Currently only 2% of the UK has access to this “full-fibre” connection, offering download speeds of up to one gigabit per second, according to government figures,
That is 35 times faster than the 28.9Mbps average UK speed internet connection according to Ofcom.
Full-fibre provision is already offered by some independent broadband providers such as Hypaoptic, Gigaclear and B4rn, but to thousands rather than millions of customers.
Trials of 5G, the next generation of mobile internet, will also continue, although there is no launch schedule yet.
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